Amazon businesses’ acquirer announced a €200M commitment

It has also announced the acquisition of Maximo Fitniss, its 11th acquisition in the UK

Amazon

Amazon businesses’ acquirer announced a €200M commitment. Source: shutterstock.com

According to Ecommerce News, Thrasio, a large acquirer of Amazon FBA businesses, has announced a commitment of €200 million.

This expansion of operations in the United Kingdom has also led to Thrasio opening an office in London. The company is increasing its focus on the UK, after a €193 million expansion into Germany earlier this month.

Thrasio’s business model is based on acquiring and operating successful companies that sell through Amazon.

Thrasio is committed in all respects to helping sellers achieve the best possible exit for their business, most especially in the UK where Brexit has introduced a level of urgency and complexity. Our teams know how to structure UK deals to maximize speed and simplicity and ensure sellers high returns through effective use of tax relief tools. We close more than 95% of the deals we enter, most within 35 days
Danny Boockvar, president

We’ve reported that Amazon managed to double its reach in the Netherlands, compared to last year. In November, the US e-commerce giant reached 7.3 million Dutch consumers. This amounts to 45% of all online users in the Netherlands.

SEE ALSO:

Tags: Germany UK